Are you looking to lease a pub in the Morecambe area ? Why not run ‘The York Hotel’ as this is now available !
Here at Love Your Pub we know about all the best pubs that are becoming available and The York Hotel is now available via Love Your Pub!
For more information about this venue and how you can take the next step in your hospitality career click the link below.
Lease A Pub In Morecambe – Run The York Hotel !
The York Hotel is on the edge of the seaside town of Morecambe based in Lancashire. It’s situated close to the main train station for Morecambe and close to the M6. The pub comes with 8 letting rooms and a commercial kitchen, there is also a large games room in the pub for pool table/dartboards. Large TVs for sport viewing throughout the pub.
Pub Layout
It has a long well-maintained bar servery. The Beer garden to the rear is split into two levels and is in good condition. The pub also has a carpark to the rear with room for approx. 8 cars.
The stated ingoing figures are correct at point of advertising. Please be aware there may be additional costs.
Lease A Pub In Morecambe – Run The York Hotel !
Community local pub throughout the week, the letting rooms are very popular with trade persons working within the area and visitors to the seaside town on weekends. The food offering is pub grub and does well on weekends. 70/30 split on Wet-Food.
Private Accommodation
The private accommodation consists of two large bedrooms, lounge area, bathroom and kitchen. All well decorated and in good condition
Letting Accommodation
The pub comes with 8 letting rooms.
Lease A Pub In Morecambe – Run The York Hotel !
Annual Rent: £35,000
Security Deposit: £5,000
Working Capital: £3,000
Stock: £2,000
Fixtures and Fittings: Upon Valuation – funding options available for the right licensee.
Tie: All drinks categories are tied. For fully funded licensees on long term agreements, we offer free-of-tie options for certain drinks categories in exchange for an annual fee.
Training: £325 plus VAT
For a breakdown on financial information, please refer to the ‘Additional Info’ tab.
Additional Info
Annual Rent – This is our lowest rent figure associated with a Full Tie. If the tie is reduced the effective rent (via Tie Release Fees) will increase. Rent is billed and paid for weekly in advance depending on the payment terms agreed)
Security Deposit – This sum of money will be held on your account and will be returned to you on exiting of the pub based on your final account balance and the condition of the property
Working Capital – This is a recommend amount required which will be used in the day-to-day running of the business
Stock – This will be valued by an independent valuer on the day you take over the pub. This includes unbranded glassware, unopened bottles, wines, spirits, any unopened / opened kegs and cask ale providing the container is unopened
Fixtures & Fittings – This includes any item that is bolted to the floor or walls, and a fitting to be any item that is free standing or hung by a nail or hook. This will also include furniture
Training – Before signing a long term agreement, you will be required to attend our 7 Steps to Sales Success training programme. Held online over three days, you will learn marketing and business strategies that will help you to grow sales in your pub – step-by-step.
Service Charge Cost – £57.60 per week – The Admiral Taverns Premium Maintenance Package will help take care of your compliance and statutory obligations with one simple fee, whilst giving you piece of mind about your boiler and cellar cooling repair and replacement. This also includes full access to e-learning for you and your staff.
Ingoing Cost: 10000
Annual Cost: 35000
Lease A Pub In Morecambe – Run The York Hotel !
The successful applicant would ideally have a strong food background with some knowledge of operating a business with letting rooms. They would need to have an eye for detail and have impeccable standards, not only of cleanliness but retail standards and service. They would be community focussed and have the ability to forge links within the local community, reinforcing those already there and building new ones
